See daily chart of GBPNZD below for the discussion that follows.
GBPNZD broke important resistance this week after a decent run over the last couple of weeks. I will consider going long on a pullback if resistance is confirmed as support with candlesticks.
USDCHF (post from last week) did bounce, but never pulled back enough for me to consider a long. It did bounce, but without me.
Remember, always have your own trading plan and never follow other people blindly. Always know where you will be proven wrong on any trade and have stops in place. Stick to your stops and never bet the farm.
On Ideas: Please don’t take this as trading advise. Please do your own due diligence before entering any trade. Also see Disclaimers.
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Thanks and Regards,
Trading SOS SOS